Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 97.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 664 shares of the business services provider’s stock after selling 30,600 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Booz Allen Hamilton were worth $52,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in BAH. Johnson Financial Group Inc. raised its stake in Booz Allen Hamilton by 26.1% in the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after buying an additional 124 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its stake in shares of Booz Allen Hamilton by 2.8% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock worth $415,000 after acquiring an additional 133 shares during the last quarter. Activest Wealth Management increased its holdings in shares of Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 178 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of Booz Allen Hamilton by 7.3% during the fourth quarter. Arkadios Wealth Advisors now owns 2,646 shares of the business services provider’s stock valued at $223,000 after acquiring an additional 179 shares in the last quarter. Finally, Cresset Asset Management LLC raised its position in shares of Booz Allen Hamilton by 6.2% in the 2nd quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 191 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Trading Down 0.2%

Booz Allen Hamilton stock opened at $62.30 on Tuesday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. Booz Allen Hamilton Holding Corporation has a 52 week low of $59.50 and a 52 week high of $120.04. The company has a market capitalization of $7.46 billion, a price-to-earnings ratio of 9.04, a price-to-earnings-growth ratio of 3.57 and a beta of 0.36. The stock has a 50-day moving average price of $73.41 and a 200 day moving average price of $80.25.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.46. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the prior year, the company earned $1.61 EPS. Booz Allen Hamilton’s quarterly revenue was down 5.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio is 34.25%.

Analysts Set New Price Targets

BAH has been the subject of a number of recent analyst reports. Citigroup lowered their target price on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 26th. Truist Financial decreased their price target on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a report on Monday, April 20th. BNP Paribas Exane started coverage on shares of Booz Allen Hamilton in a research note on Wednesday, May 27th. They set a “neutral” rating and a $80.00 price objective for the company. Finally, Jefferies Financial Group set a $85.00 price objective on shares of Booz Allen Hamilton in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $86.50.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.